A bit of background - I couldn't find a technical co-founder so I set about building my product myself and now have it in a really good stage for on-boarding customers. I don't have the time to do both building the product and selling so have met another party who are keen to get involved<p>To sum them up, they have connections, potentially funding and a moderate amount of influence in the industry which is exponentially more than I have and they also want to build something similar but don't have the technical capability to build something as good.<p>I think they are the right fit and we need to discuss terms - any advice on where to start and how to negotiate? My current thoughts on the matter are:<p>- not giving them more than 49%
- vesting equity based on performance
- happy to split all profits equally<p>Any advice on making this mutually beneficial but protecting myself in the short and long term would be appreciated.<p>Cheers